BIOGAS MARKET ANALYSIS

Biogas Market, By Application (Electricity & Heat Generation, Vehicle Fuel, Domestic Cooking, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Sep 2024
Code : CMI3015
Formats :
Excel and PDF
Industry : Energy

Market Challenges And Opportunities

Market Dynamics

Increasing focus of governments worldwide to reduce greenhouse gas emission and identify alternative and clean sources of energy is expected to drive growth of the global biogas market. Furthermore, growing energy security concerns, owing to depletion of conventional energy resources is further expected to upsurge the demand for biogas over the forecast period.

Rising government initiatives for the production of renewable sources of energy, in order to curb the carbon emissions and ensure secure & stable source of energy is predicted to increase the demand for biogas over the forecast period. According to Ministry of New and Renewable Energy’s yearend review published in 2018, India plans to attain 40.0% of cleaned energy sources of the overall installed power generation capacity by 2030.